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Racecourse Lane, Bicton Heath, Shrewsbury

West Midlands

£750,000
Listed on 11/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
2520 sqft

Description

This distinctive detached residence occupies an impressive plot, set within beautifully kept gardens that enhance its appeal. The home has been extended and modified over the years to deliver spacious living areas, yet it still holds significant potential for further enhancement. Notable features include extensive driveway parking along with a separate double garage, situated in a desirable part of West Midlands, conveniently located near the Royal Shrewsbury Hospital and a selection of excellent schools. Just two miles from the town center, this property is surrounded by essential amenities.

The entrance hall welcomes you with a cloakroom and ample storage space leading to a bright and airy landing. The attractive living room boasts a feature fireplace and bay window, while the well-equipped kitchen offers sufficient room for appliances. An expansive dining room with another fireplace connects seamlessly to both the kitchen and rear porch, promoting effortless entertaining. A generously sized family/garden room adds versatility with access to the garden through double glazed doors, along with sliding doors leading to the conservatory.

On the ground floor, you'll also find a study which could easily serve as an additional reception area or playroom. Upstairs are five sizeable bedrooms—four featuring built-in wardrobes—and a family bathroom equipped with a shower. A balcony spans the rear of the first floor providing lovely views over the landscaped gardens, accessible from the master bedroom.

This property is fitted with double glazed windows and gas central heating throughout. The outdoor spaces are invitingly landscaped, comprising lawns, paved terraces, vibrant borders filled with shrubs and specimen plants, alongside a vegetable plot—perfect for families who enjoy gardening or wish to expand their outdoor space. The front of the property is framed by gated access leading to extensive parking options at the rear.

While some general modernization is needed, this well-maintained home provides ample opportunity for enhancement into an exceptional family residence. Offered for sale with no upward chain.

Investment Analysis

(SY3 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£298/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£216
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£883,436
10% above area average per sq ft
Potential ROI
+10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SY3)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +3.2%
5 year growth: +17.6%
Investment Disclaimer: Analysis based on SY3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Racecourse Lane, Bicton Heath, Shrewsbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,676
Based on a loan of £562,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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